Ameresco Inc

NYSE AMRC

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Ameresco Inc Payables Turnover 2 year CAGR for the year ending December 31, 2023: -6.01%

Ameresco Inc Payables Turnover 2 year CAGR is -6.01% for the year ending December 31, 2023, a -162.72% change year over year. Payables turnover measures the efficiency with which a company manages its accounts payable. It is calculated by dividing the cost of revenue by the accounts payable. This ratio indicates how quickly a company pays off its obligations to suppliers and vendors. A higher turnover suggests that the company is efficiently managing its accounts payable, while a lower ratio may indicate a slower payment process or potential liquidity issues. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Ameresco Inc Payables Turnover for the year ending December 31, 2022 was 4.39, a 37.74% change year over year.
  • Ameresco Inc Payables Turnover for the year ending December 31, 2021 was 3.19, a -12.82% change year over year.
  • Ameresco Inc Payables Turnover for the year ending December 31, 2020 was 3.66, a 5.96% change year over year.
  • Ameresco Inc Payables Turnover for the year ending December 31, 2019 was 3.45, a -24.41% change year over year.
NYSE: AMRC

Ameresco Inc

CEO Mr. George P. Sakellaris
IPO Date July 22, 2010
Location United States
Headquarters 111 Speen Street, Framingham, MA, United States, 01701
Employees 1,500
Sector Industrials
Industry Engineering & construction
Description

Ameresco, Inc., a clean technology integrator, provides a portfolio of energy efficiency and renewable energy supply solutions in the United States, Canada, Europe, and internationally. It operates through U.S. Regions, U.S. Federal, Canada, Europe, Alternative Fuels, and All Other segments. The company offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions for businesses and organizations. It designs, develops, engineers, and installs projects that reduce the energy, as well as operations and maintenance (O&M) costs of its customers' facilities; and projects primarily include various measures customized for the facility and designed to enhance the efficiency of building systems, such as heating, ventilation, cooling, and lighting systems. In addition, the company offers renewable energy solutions and services, such as the construction of small-scale plants that the company owns or develops for customers that produce electricity, gas, heat, or cooling from renewable sources of energy and O&M services; and electricity, processed renewable gas fuel, and heat or cooling produced from renewable sources of energy. Further, the company sells photovoltaic (PV) solar energy products and systems, as well as provides consulting, and enterprise energy management services; and operates wind farms. It serves the federal, state, local governments, healthcare and educational institutions, airports, public housing authorities and public universities, municipal utilities, and commercial and industrial customers. As of December 31, 2023, the company owned and operated 185 small-scale renewable energy plants and solar PV installations. Ameresco, Inc. was incorporated in 2000 and is headquartered in Framingham, Massachusetts.

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StockViz Staff

September 20, 2024

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